#spyker

Saab’s partnership with Chinese automaker Hawtai could see the ill-fated Swedish luxury brand use its dealer network to sell cheap Chinese cars in America, with some priced at the magic $10,000 mark.

Saab has been rescued from near-collapse yet again after an agreement was signed with China’s Hawtai Motor Group. The agreement will form a joint venture for manufacturing, distribution and technology between Saab owner Spyker and Hawtai. It will also provide $222 million in funding for Saab, ending the Swedish automaker’s halt in production caused by insufficient payment of supplier bills. The deal will see Hawtai take a maximum 29.9 percent take in Spyker.

With Saab parent company Spyker Cars having secured a 30 million euro short-term loan, Saab vehicles will now resume production after a payment dispute with suppliers forced them to suspend their operations.

Vladimir Antonov, Russian banker, investor, billionaire, and perennial runner-up for Most Interesting Man In The World Award, has been cleared by the Swedish National Debt Office to become a shareholder in Spyker, and ultimately Saab.

In hoping to continue capturing a huge emerging market, Spyker has announced a special edition C8 Laviolette that will be available in China. Not many details have been revealed about the C8 Laviolette Special Edition, but it will be offered in a unique orange finish for around $735,000.

Ever since Saab Automobiles was cut free from General Motors and taken over by Spyker it’s been struggling to move forward.

Saab parent company Spyker held talks with parts suppliers Thursday, in a bid to restart production that has been halted over a dispute regarding unpaid bills.

Saab has halted production yet again amid another dispute with suppliers. Saab representatives declined to say how long the production stoppage would last, but said that they were in discussions with their suppliers to resolve the matter. Saab’s parent company Spyker said that last week’s production stoppage was related to unpaid bills.

After a tiff with suppliers who had halted their parts deliveries, Saab has now resumed production at its main factory.

Saab CEO Jan Ake Jonsson will retire from Saab on May 19th, with the 59 year old executive leaving Saab during a tumultuous time. Saab Chairman Victor Muller will act as interim CEO as a search for a replacement gets underway.

Russian billionaire Vladamir Antanov isn’t done with Saab yet. Forced out of the Saab deal when General Motors sold off the Swedish automaker to Spyker, he recently re-acquired the Spkyer brand from the combined Saab Spyker Automobiles through a British coachbuilder he’s heavily invested in.

Spyker Cars, a Dutch sports car company no one would know of were it not for its purchase of Saab from GM, has just announced its own sale. Sort of.

Fresh from the clutches of its GM masters, Saab is celebrating its independence (to Spyker, anyway) with another special edition of the aging 9-3 convertible, shown ahead of its formal announcement at the Geneva Auto Show.

While concentrating on its newly acquired Saab brand, Dutch sports car maker Spyker is still in the business of building its own unique machines. Debuting over a year ago, the Aileron Spyder follows after the coupe model, but its about to get one major change.

Saab is planning on letting buyers watch their cars get assembled at their Swedish plant via a webcam link, as the company seeks to move back to a more personalized buying process.